Lion Street Advisors LLC purchased a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,980 shares of the restaurant operator’s stock, valued at approximately $250,000.
Several other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of Chipotle Mexican Grill in the fourth quarter valued at approximately $315,220,000. Vinva Investment Management Ltd increased its holdings in shares of Chipotle Mexican Grill by 50.6% in the 4th quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator’s stock valued at $3,910,000 after acquiring an additional 21,864 shares during the period. ING Groep NV raised its position in Chipotle Mexican Grill by 203.4% in the 4th quarter. ING Groep NV now owns 524,132 shares of the restaurant operator’s stock valued at $31,605,000 after purchasing an additional 351,382 shares during the last quarter. Community Trust & Investment Co. acquired a new stake in Chipotle Mexican Grill during the 1st quarter worth $7,773,000. Finally, K.J. Harrison & Partners Inc boosted its stake in Chipotle Mexican Grill by 46.7% during the 4th quarter. K.J. Harrison & Partners Inc now owns 50,250 shares of the restaurant operator’s stock worth $3,009,000 after purchasing an additional 16,000 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.
Insider Buying and Selling
In other Chipotle Mexican Grill news, insider Roger E. Theodoredis sold 113,875 shares of the firm’s stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $49.70, for a total transaction of $5,659,587.50. Following the completion of the transaction, the insider now directly owns 109,815 shares in the company, valued at approximately $5,457,805.50. This trade represents a 50.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.81% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Read Our Latest Stock Report on Chipotle Mexican Grill
Chipotle Mexican Grill Trading Up 0.9%
CMG stock opened at $51.83 on Thursday. The company’s 50-day moving average price is $50.54 and its 200 day moving average price is $54.13. Chipotle Mexican Grill, Inc. has a 52 week low of $44.46 and a 52 week high of $68.91. The company has a market cap of $69.83 billion, a P/E ratio of 45.86, a P/E/G ratio of 2.55 and a beta of 1.06.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.98 billion. Chipotle Mexican Grill had a net margin of 13.59% and a return on equity of 43.29%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $13.37 EPS. On average, equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.
Chipotle Mexican Grill Profile
Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.
Read More
- Five stocks we like better than Chipotle Mexican Grill
- What Are the U.K. Market Holidays? How to Invest and Trade
- Chime’s Smart IPO: Half the Valuation, Double the Strength
- Insider Buying Explained: What Investors Need to Know
- Why Quantum Computing Inc. Is the Quiet Winner in Quantum Stocks
- The 3 Best Retail Stocks to Shop for in August
- 3 Catalysts in 7 Days: Archer’s Growth Story Just Accelerated
Want to see what other hedge funds are holding CMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report).
Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.